IOR reports net profit of 30.6 million euro in 2023

IOR reports net profit of 30.6 million euro in 2023

ByHolyspirit

The Institute for Works of Worship (IOR) publishes its annual report for 2023, revealing a profit of 30.6 million euros. By Vatican News For the twelfth consecutive year, the Institute of Works of Religion (IOR), commonly known as the Vatican Bank, has published its annual report containing its 2023 financial statements prepared in accordance with…

Holy See receives positive evaluation in Moneyval follow-up report

Holy See receives positive evaluation in Moneyval follow-up report

ByHolyspirit

The Holy See receives a positive assessment in the first “Regular Monitoring Report” of the MONEYVAL Committee of the Council of Europe, focused on combating money laundering and terrorist financing. By Vatican News According to a press release from the Holy See Press Office published Tuesday, the first “regular monitoring report” of the MONEYVAL Committee…